Ok, so I finally got my NJ tags and registration in the mail for my fart can (loaner) 3 series that I leased at the end of February…(took over 6 weeks!)
When I looked at the registration, I noticed that it was only good for a year? WTF? Says “expires 04/2020”.
I’m a new NJ resident so this is the first time I’m registering a car in NJ so forgive me for the questions, but aren’t you supposed to get a registration for however long your lease is on the vehicle? In other words, I was expecting my registration to be valid until 2021 (when my lease is over). Kinda disappointed as I paid full DMV fees but only got a 1 year registration.
Is it because it was a loaner and not a brand new vehicle, that they issued a 1year registration.
This means that next April I’ll have to pay another $50-$60 for a 1 year renewal .
Lease contract says “New” but I guess they knew the mileage cause it had 3200 miles on…
Also, didn’t know in NJ that the owner is not listed on the registration which I thought is weird. No mention of my name or address anywhere . Simply says “Leased Vehicle” etc and has the captive down.
How do the police know who the vehicle is registered to? More things I’m learning as a new NJ resident…
Depends who and how it was registered. If a new car dealer in NJ (or dealer that can register in NJ) registered it, you’d get 4 yr registration. 4 yr registration is I think $240.
If the car was purchased/leased at a NJ dealership it should be a 4 year registration. If it was purchased at a dealership outside NJ but registered in NJ then it’s only good for 1 year and needs to be renewed yearly.
Dealer was in PA and used a third party to get plates. What’s crazy is that I paid roughly $400-$500 for dmv (I know it’s never that high in NJ or any state for that matter)
No I’m not here on a visa lmao … US Citizen
Nowhere on the registration does it have my name , just the banks name . In my case, BMW financial services in Ohio. I thought this was weird
Hey! I lived in NJ all my life and I never heard of anything like that on a new, leased vehicle. Usually, the registration is valid for 4 years. I included a statement from the New Jersey Motor Vehicle Commission Website.
“If you have a new leased vehicle you must pay the registration fee for the term of your lease. If your lease agreement extends beyond the normal calendar year expiration period (38-month leases as opposed to 36 months), you are also required to pay for the next full year’s registration period (48 months).”
Meaning that Jersey has a 4 Year Accelerated Registration Program for newly leased vehicles and if you paid your DMV fees for your lease and it says that your registration is valid for a year then it is a mistake.
@Ursus yes that’s what I was thinking too. I was quoted $400-$500 for dmv (dealer was out of state in PA) but I knew for a fact new reg ain’t that much on a passenger car. It ain’t that much in any of the 50 states so I figured the 3rd party charges them a boat load to get the plates, which eventually get passed onto me.
I just shot an email to the dealership rep who handles tags/registrations to see what she says.
I just had to title and register my brand new lease, this was a first for me.
As I was told by MVC employee they only have 2 options 4yr or 1yr registration. She only did it for 1yr since I have a 2yr lease.
Renewal can be done online from what I remember and charges are about: $85 title w/lien + $85is each year reg (depending on vehicle size). SO $500 was definitely overcharge…
I just reached out to the title admin at the dealership and said she will look into it.
Oh I also got the title in the mail with my plates and reg which I also found weird. Never received a title before on a leased vehicle so I have to say NJ is very odd at this. I stored it in the glove compartment with other docs as I’m not sure if I’ll need it when it comes time to renew next year
